Fares on Golden Gate Transit’s bus and ferry fleet are likely to increase annually for the next five years, continuing a 13-year trend of rising costs for riders on the public transportation system.
On Thursday, a committee of the Golden Gate Bridge District recommended the five-year fare program, which will begin in July and raise $2.6 million for the cash-strapped agency. The full board of directors is expected to give final authorization of the plan today.
Bus fares will increase by five percent each year under the plan. For the Sausalito ferry service, fares will increase by $1 in the first year of the plan, and 50 cents for the next four years.
Fares will increase by 50 cents each year for the Larkspur ferry service, except in the second year of the plan, when fares will only go up 25 cents.
There has been some sort of fare increase on the Golden Gate Transit system each year since 1998.
The bridge district, which maintains operations on the historic span while also running a transit service, is facing a five-year $89 million budget deficit. The fare increase program is one of more than 30 initiatives aimed at reducing that shortfall.
About 21,000 people travel on Golden Gate Transit’s bus service each weekday. Another 6,050 passengers take the Larkspur and Sausalito ferries each weekday.